Nicole Ellis Foundation Inc

Analysis

Nicole Ellis Foundation Inc is a registered charity in United States, based in South Holland, IL. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nicole Ellis Foundation Inc reported income of $78k and spending of $63k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $78k (-5.1%), an average of -5.1% a year. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nicole Ellis Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Community Apartments Corporation of Metrolina 2 ($78k), Association of Gleaning Organizations Inc ($78k) and Rohhad Fight Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.